KAUKAUNA – Mid Valley Industries in Kaukauna has filed for voluntary receivership, an alternative to bankruptcy under Wisconsin law.

The company machines and fabricates components for several industrial markets, including mining, oil and gas, power generation and non-automotive transportation. Its headquarters and manufacturing facility is located at 1151 Delganglade St.

Mid Valley Industries, which has been in business since 1996, employs about 110 people.

Outagamie County Circuit Court has appointed attorney Michael Polsky of Beck, Chaet, Bamberger and Polsky S.C. in Milwaukee as the company’s receiver. The receiver will continue business operations, and manage Mid Valley Industries’ assets, liabilities, finances and employees for the benefit of all creditors under the supervision of the court and consistent with state law, according a statement issued by Beck, Chaet, Bamberger and Polsky .

Representatives from MorrisAnderson & Associates Ltd, a Chicago-based turnaround firm specializing in such matters, will be on site daily to assist Polsky through the receivership process. Operations will continue in order to facilitate a potential sale.